Fannie Mae (FNMA)

[lookaheadfuture]

Recap at lightning speed.

SPS cancelled, warrants returned or cancelled, over-payment returned as capital buffer. GSE's agree to letter of consent not to declare dividends until capital levels reached. This is so clear to me. Not sure why so much discussion on this. Conservatorship over as soon as capital levels are reached.

Trump is driving this. Obviously. I mean is someone actually doubting this at this point?

Q. What is the most important thing to Trump?
A. Winning the next election (next to being loved, admired and respected - he wants acknowledgement).

Q. What would have the most negative impact to Trump's chances of winning the election?
A. A bad economy

Q. What can Trump do to fire up the economy as much as possible?
A. Use the housing market - 20% of economy.

Q. What's the easiest way to fire up the housing market?
A. Release the GSE's - encourage a little more lending all around. Refinancing all around with lower interest rates.


The warrants will never be exercised as long as they do not support recapitalization. We have some written evidence that they did not intend to execute them at the time they were issued. We have no evidence that their stance has changed other than some opinions.

Predicted earlier this year: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147108164